Bosses Put Higher Insurance Tab On Workers' Shoulders
Thu, Sep02, 2010
Employers keep shifting a larger share of health costs to their employees. Higher premiums, deductibles and copayments are making health insurance less affordable for people who get coverage at work.
Production Platform On Fire South Of Louisiana, U.S. Coast Guard Reports
Thu, Sep02, 2010
An oil rig, 90 miles off the Gulf of Mexico, is on fire, the U.S. Coast Guard reports. Thirteen people on board the rig are accounted for. An explosion was reported shortly after 10:30 a.m. ET.
Oil Rig Explodes In Gulf Of Mexico
Thu, Sep02, 2010
The rig, about 80 miles south of Vermillion Bay along the central Louisana coast, exploded about 9:30 am. CDT Thursday. Emergency crews are en route to the scene. All 13 people on the rig have been accounted for, with one injured.
Fed's Bernanke: Banks Aren't Too Big To Fail
Thu, Sep02, 2010
Fed Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system."If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved," he said.
Factory Orders Edge Up; New Jobless Claims Fall
Thu, Sep02, 2010
Orders to U.S. factories managed a slight gain in July, boosted by as a surge in demand for commercial aircraft. Meanwhile, the number of people requesting unemployment benefits declined for the second straight week, but the overall level remains high.